US existing home sales surge 4.4% in March

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US home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers.

The National Association of Realtors said on Friday that existing home sales increased 4.4 per cent to a seasonally adjusted annual rate of 5.71 million units last month.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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